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EIR LEAD EDITORIAL FOR FRIDAY JUNE 16, 2022

Don’t Panic, Think!

June 16, 2022 (EIRNS)—Thinking people from around the world will assemble this weekend to deliberate online together with the Schiller Institute on how to most efficiently and quickly end the economic breakdown and the march towards nuclear war brought about by a reckless oligarchical elite (and hangers on) gone mad. Join us!

The conference—titled “There Can Be No Peace Without the Bankruptcy Reorganization of the Dying Trans-Atlantic Financial System”—comes in the nick of time. The Trans-Atlantic financial system is imploding into chaos in the wake of the Federal Reserve’s 0.75% interest rate hike—with promises of more to come. The central bankers are exposed as fakers, not in control of anything anymore. The chaos will rapidly become worse than 2007-2008, until we put the system through “bankruptcy reorganization,” as American statesman and physical economist Lyndon LaRouche specified decades ago.

Let the bankers panic, not us. Schiller Institute founder Helga Zepp-LaRouche opens the conference on Saturday morning June 18 with a speech titled, “Let’s Win Mission Impossible or Find Another Planet!” Don’t let your neighbor or your family convince you that “there is nothing we can do.” The Schiller Institute membership are known as “the solution people,” and we are taking charge now. The dead old system must be replaced with a new international security and development architecture, built on the same philosophical cornerstone of statecraft which gave rise to the Peace of Westphalia in 1648. Those principles worked before, and they will work again, because they are based on the knowledge that men and women are different from animals, capable of creative reason, and of mobilizing the will to change society to a more human course.

Outside the lunacy prevailing in the United States and Europe, most of humanity is increasingly determined to eradicate poverty, end hunger, build vast high-speed rail lines, even develop fusion power, colonize the Moon to then head to Mars. Those are some of the themes being discussed at the St. Petersburg International Economic Forum this week in Russia; the U.S. State Department’s attempt to organize a worldwide boycott of the forum failed. China’s Global Times, recognizing that the currently ruling U.S. elite intends to “decouple” Western economies from China, asked once again today: Would it not be far easier and less costly for the U.S. to give up its drive for hegemony and instead cooperate with China, rather than insisting on searching for new, emergency mineral suppliers because it refuses to work with China?

The oft-ignored South American nations of Paraguay and Bolivia demonstrated this week how the Westphalian principle of peace through common development can work. The Presidents of the two nations, Luis Arce and Mario Abdo Benitez, met to commemorate the anniversary of the end of the 1932-1935 Chaco War, a vicious, senseless, fratricidal conflict in which more than 100,000 Paraguayans and Bolivians died in a war orchestrated by Anglo-Dutch financier interests seeking control of the oil resources of both. The two paid homage to the war dead of both nations by discussing cooperation on binational and regional development, including building long-overdue transcontinental railroad routes connecting the South American interior to the Atlantic and the Pacific Oceans, jointly with their neighbors.

There is life after the death of “The City” of London and Wall Street—and it will be a far better life than what we suffer now. Join us, and bring others, to get to work this weekend on finishing the job.

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